Vendor Management

  • 13 min read

Top 10 Icertis Alternatives & Competitors To Try In 2024

Rohit Rao

4th December, 2023

SHARE ON:

Strategic contract management stands as a cornerstone for IT managers, ensuring compliance, risk mitigation, and operational streamlining. Although Icertis holds a prominent position in contract management solutions, several alternatives cater directly to the needs of IT teams. 

These options focus on elevating contract analytics and management features, aligning precisely with the specific requirements of IT professionals.

Icertis contract management is software tailored to facilitate efficient contract management across the entire lifecycle. Equipped with advanced functionalities like contract analytics, risk assessment, and comprehensive reporting, it offers valuable insights to facilitate well-informed decision-making.

However, while Icertis contract management is a robust tool, every software solution has its limitations. This blog post delves into the world of Icertis alternatives and competitors. But before exploring these alternatives, let's gain a deeper understanding of the Icertis tool.

Icertis Contract Management: An Overview

The Icertis Contract Management Platform stands as a robust solution for organizations seeking maximum value from their contracts. It consolidates all contracts into a unified system of record. Icertis makes managing contracts across your enterprise effortless, offering unmatched control, visibility, and insights. This unified approach establishes a single, intelligent digital system of record, ensuring comprehensive contract management throughout the enterprise.

Covering corporate, buy-side, and sell-side contracts, the platform offers a comprehensive solution for efficient contract management. Its intelligent contract automation and authoring capabilities reduce administrative tasks, boosting productivity and streamlining processes.

Serving as a digital and intelligent record-keeping system, the platform speeds up processes and greatly aids strategic decision-making, compliance improvement, and overall business triumph. This is achieved by expediting contract processing, refining contract language, and cutting down administrative overhead, ultimately bolstering operational efficiency.

Potential Limitations Of Icertis Contract Management

While Icertis stands out as a top-tier contract management tool, it does have certain limitations. Here are some key drawbacks to consider:

• The tool's user interface is slow, making it difficult for your team to navigate the platform and understand its various features. Hence, using the tool occupies a significant amount of time your team could have spent on other vital activities.

• Icertis pricing may not always be competitive compared to other market offerings. The cost structure and additional features of the tool may exceed your budget expectations, potentially impacting the overall cost-effectiveness of using the tool.

• The lack of mobile app integration hinders your team from accessing and utilizing the platform's functionalities on mobile devices, reducing flexibility and convenience while they are not on their desktop.

In light of the above potential drawbacks, let's explore the top Icertis alternatives that offer advanced features and robust capabilities tailored to meet the unique requirements of your IT teams. But before that let's learn more about how to get the best Icertis competitors.

Selecting The Right Icertis Alternatives: 10 Key Considerations

Choosing the most suitable alternative to Icertis for your contract lifecycle management (CLM) needs requires careful consideration of various factors. Here are key considerations to guide you in the Icertis alternatives selection process:

1. Functionality and Features: Evaluate the functionality and features offered by Icertis alternatives CLM solutions. Ensure the platform aligns with your specific requirements, covering essential aspects such as contract creation, automation, insights, and analytics.

2. Ease of Use and User Adoption: Assess the user interface and overall user experience of potential alternatives. A user-friendly platform encourages adoption across your organization, enhancing the efficiency of contract management processes.

3. Integration Capabilities: Consider the integration capabilities of Icertis competitors & solutions. Seamless integration with existing systems, such as CRM or ERP platforms, is crucial for maintaining consistency and reducing data silos.

4. Scalability: Anticipate future growth and assess the scalability of alternative CLM solutions. Choose a platform that can adapt to the evolving needs of your organization, accommodating an increasing volume of contracts and users.

5. Customization Options: Examine the customization options offered by alternative CLM solutions. The ability to tailor the platform to match your unique business processes and requirements enhances its effectiveness within your organization.

6. Security and Compliance: Prioritize potential alternatives' security features and compliance capabilities. Ensure the CLM solution adheres to industry standards and regulatory requirements, safeguarding sensitive contract data.

7. Vendor Reputation and Support: Research the reputation of the vendors providing Icertis competitors & CLM solutions. Assess their track record, customer reviews, and the level of support they offer. A reliable vendor ensures a smoother implementation and ongoing support.

8. Cost Structure: Understand the cost structure of alternative CLM solutions. Consider factors such as licensing fees, implementation costs, and ongoing maintenance expenses. Choose a solution that meets your budget constraints while delivering the desired value.

9. Training and Onboarding: Evaluate the training and onboarding support provided by the CLM solution providers. A comprehensive training program ensures that your team can quickly adapt to the new platform, minimizing disruptions in workflow.

10. Future Roadmap and Innovation: Inquire about the future roadmap and planned innovations of alternative CLM solutions. Choose a platform that demonstrates a commitment to ongoing development, ensuring that your organization can benefit from the latest advancements in contract management technology.

By carefully considering these key factors, you can make an informed decision when selecting the best Icertis alternative for your organization's unique requirements and objectives in contract lifecycle management.

It's important to note that exploring Icertis alternatives and competitors is not a reflection of Icertis's inadequacy but a strategic move to ensure that organizations find the most fitting and future-proof solution for their unique contract management needs. It empowers IT teams to navigate the ever-changing contract management landscape with agility and precision.

List Of Top 9 Icertis Alternatives To Try In 2024

Below are the top 9 alternatives to Icertis that provide advanced features, user-friendly interfaces, and robust capabilities to fulfill your contract management requirements.

1. Zluri

Zluri's automated SaaS management platform presents an intuitive dashboard with robust features, streamlining efficient contract management. It consolidates all your SaaS contracts into one convenient location, saving valuable time when navigating through contracts and associated data.

With Zluri's user-friendly interface, navigating contracts and related processes becomes effortless, ensuring a smooth and intuitive experience for all stakeholders. The platform prioritizes the security of sensitive contract information, implementing robust measures to enforce compliance with legal and industry standards.

Moreover, our platform encourages seamless collaboration among your team and stakeholders, allowing multiple users to work concurrently on contracts. They can make edits, add comments, and track changes in real-time.

Providing access to essential metrics and insights related to your contracts, the platform offers information such as total contracts, total applications, contract values, annualized Costs, license type, end date, payment method, and more. These metrics offer a comprehensive overview of your contract portfolio, empowering you to make informed decisions and effectively manage your contracts.

As the ultimate SaaS management solution, Zluri offers some powerful features that set it apart:

• Robust Security and Compliance: By adhering to industry compliance standards, Zluri ensures that your contracts are fully compliant, providing comprehensive data security and adhering to regulatory requirements.

• License management: Zluri offers a centralized platform for monitoring SaaS licenses, users, license types, license quantities, user roles, and spend. Additionally, it provides effective monitoring and insights into contracts associated with each license.

• Vendor management: It offers a vendor management system that ensures seamless integration with your primary business system, resulting in a smooth and efficient process. It establishes a centralized SaaS system of record and simplifies the vendor life cycle.

With Zluri, you can optimize your contract management and achieve greater control and effectiveness in handling contracts across your organization.

Pros

• Zluri stores your contracts alongside vendors' information, facilitating easy access during renewals, audits, or terminations. Additionally, it helps you negotiate better deals when procuring multiple licenses from a single vendor, maximizing cost savings and optimizing vendor relationships.

• Zluri's proactive notifications help you stay on top of contract renewals. It sends timely reminders at 30-day, 15-day, and 1-day intervals prior to contract expirations. This ensures that renewal deadlines are never missed.

Cons

• Zluri may not be optimal for small organizations or those with fewer than 100 employees, as it is meticulously crafted for mid-sized businesses.

Customer Rating

• G2: 4.8/5

• Capterra: 4.9/5

So, what's the wait for? Book a demo today to experience a premium SaaS management solution firsthand.

2. IronClad

Ironclad propels the entire contract management service by automating every facet of the contract lifecycle, from inception to archival. This robust tool offers enhanced collaboration, streamlined negotiation, and strict adherence to regulatory standards, thereby ensuring unparalleled efficiency and compliance.

Ironclad can manage diverse contract workflows, spanning various contract types such as sales agreements, employment contracts, or nondisclosure agreements (NDAs). Its inherent versatility and adaptability position it as one of the leading Icertis alternatives, catering to the multifaceted needs of modern contract management.

One of Ironclad's unique strengths is its ability to empower IT teams to anonymously conduct unbiased evaluations of legal contracts or agreements. This feature facilitates objective assessments, empowering stakeholders with the information for well-informed decision-making. The platform further simplifies collaboration in the pre-approval phase, allowing stakeholders to work seamlessly while maintaining meticulous version control and managing audit trails to monitor revisions effectively.  

Pros

• The tool seamlessly syncs up and integrates effortlessly into your IT infrastructure, providing a swift onboarding process. This quick integration saves valuable time and minimizes the effort required to set up and launch the tool successfully.

• The platform's intuitive workflow builder allows the design and customization of workflows tailored to specific requirements. This feature enhances the flexibility of your contract and document management processes, ensuring an efficient and personalized approach.

• Facilitating a seamless integration with other systems or platforms within your organization, the tool eliminates the need for manual data transfer. This not only streamlines your overall workflow but also fosters a high level of collaboration within the workflow, enhancing overall productivity and efficiency.

Cons

• When managing an extensive volume of business documents, your team might encounter difficulties when downloading and uploading files through the tool. This process can occasionally be cumbersome, causing a slowdown in the overall workflow.

Customer Rating

• G2: 4.5/5

• Capterra: 4.4/5

3. DocuSign CLM

DocuSign CLM is a cloud-based contract management platform that helps you effectively manage documents, contracts, and related collateral. DocuSign CLM streamlines the contract management process with its comprehensive features and user-friendly interface.

The platform offers customizable workflows tailored to fit an organization's specific business processes. This flexibility allows seamless contract management integration into existing workflows, enabling teams to work in a way that aligns with their unique needs.

Further, the platform provides a centralized location for teams to collaborate on contracts and related documents, promoting efficient communication and collaboration. It also offers robust security measures to protect sensitive contract information.

Pros

• The tool's intuitive and excellent user interface empowers your team to fully leverage its contract management capabilities. The user-friendly design ensures your team can easily navigate and utilize the automation features conveniently and efficiently.

• The tool makes contract-related document generation effortless. You can easily input the necessary information, customize the contract templates, and easily generate professional and accurate contracts.

Cons

• If you are looking for a tool with robust integration, then this may not be the option, as it has limitations in offering seamless integration. As a result, it can cause inefficiencies when automating your organization's workflows.

Customer Rating

• G2: 4.1/5

• Capterra: 4.4/5

4. PandaDoc

PandaDoc is a dynamic contract management tool and one of the best Icertis alternatives designed to streamline and optimize your contract workflows. It helps you efficiently create, send, track, and manage contracts seamlessly and intuitively.

The tool simplifies the process of creating professional and customizable contracts. You can easily add interactive elements such as e-signatures, payment fields, and form fields to your contracts, enhancing your and your client's overall user experience.

It also offers robust collaboration capabilities, allowing multiple stakeholders to collaborate on a contract simultaneously. You can track changes, leave comments, and receive notifications to ensure efficient collaboration and seamless communication.

Pros

• It enables you to track and manage document approvals in a streamlined manner easily. It automatically notifies the designated approvers and allows them to sign and approve documents electronically. Hence, it facilitates timely approvals and seamless document management.

• The tool allows your IT teams to customize integration requirements for your organization fully. This empowers your team to have complete control over the integration capabilities, ensuring they can tailor the tool to meet your needs and requirements.

Cons

• If you're managing a smaller organization, it's important to carefully consider whether this tool is the right fit for your needs. Since the pricing structure makes it difficult for smaller organizations to justify the investment, it may not be a cost-effective option.

Customer Rating

• G2: 4.7/5

• Capterra: 4.5/5

5. Agiloft Contract Management Suite

Agiloft Contract Management Suite is an agile and intuitive software solution designed to streamline and automate the entire contract management process. With its powerful features and artificial intelligence capabilities, it optimizes your contract workflows, realizes cost savings, and mitigates compliance risks.

Its user-friendly interface and intuitive design give your team a seamless implementation experience. Agiloft enables companies to initiate, execute, and monitor contractual agreements more efficiently by automating contract workflows.

The software eliminates manual tasks and automates key processes, such as contract creation, approval, and renewal, saving time and resources. This automation increases operational efficiency, reduces the risk of errors, and improves overall compliance.

Agiloft's artificial intelligence capabilities enhance the contract management experience further. It leverages AI to extract contract data, interpret clauses, and provide insights into contract performance. This intelligent automation lets users quickly locate specific contract terms, assess contract risks, and gain valuable contract analytics.

Pros

• Agiloft is highly customizable, allowing you and your team to configure it to fulfill almost any contract management task. This level of customization ensures that the tool aligns perfectly with your unique business processes and workflows.

• The tool offers your IT team powerful reporting capabilities, enabling them to access comprehensive insights and effectively manage workflows. With its robust reporting capabilities, your team can easily view and analyze the various workflows in place, gaining valuable visibility into the contract management process.

Cons

• If you create reports on a regular basis, then this may not be an ideal option. Since the process of generating reports is complex or requires a deeper understanding of the tool's functionalities, it makes it difficult for you to create reports efficiently and effectively.

Customer Rating

• G2: 4.6/5

• Capterra: 4.9/5

6. COUPA CLM

Coupa Contract lifecycle management (CLM) offers a streamlined solution for managing the entire contract lifecycle, resulting in increased value and reduced risk for your organization. You can optimize your contracting processes, enhance contract visibility, and effectively manage contract-related activities.

It centralizes and organizes contracts in a single, secure repository. This centralized approach eliminates the need for manual searching and ensures easy access to contracts from anywhere, at any time. With Coupa CLM, you can efficiently track contract statuses, key dates, and milestones, enabling proactive contract management and timely decision-making.

Coupa CLM delivers enhanced control and efficiency throughout the entire contract lifecycle. With its robust features and capabilities, the solution empowers you to optimize contract management processes and achieve greater operational effectiveness.

Pros

• The tool provides your team with an intuitive and user-friendly interface, enabling them to harness its automation capabilities' full potential easily. The platform enhances usability and convenience, allowing your team to navigate and utilize the automation features effortlessly.

• It gives your IT teams complete flexibility to customize according to your specific business needs. This flexibility allows your team to tailor the tool to optimize its functionalities and workflows to align with the business objectives and improve overall efficiency.

Cons

• If you are looking for an optimal tool with robust integration features, then this may not be the option as it has limitations in offering integration options as per your requirement, leading to inefficiencies in automating the organization's workflows

Customer Rating

• G2: 4.2/5

• Capterra: 4.2/5

7. SirionOne Contract Management

SirionOne offers a smarter contracting platform to facilitate seamless connectivity, collaboration, and intelligent contract creation. Its actionable insights let you create stronger contracts, mitigate potential risks, and negotiate more favorable terms.

SirionOne empowers you to craft smarter contracts that drive better outcomes by leveraging the intelligence extracted from their existing contract portfolio. SirionOne encompasses a comprehensive range of contract lifecycle management (CLM) capabilities. It also provides a secure repository for storing, analyzing, and managing contracts until their renewal or expiration.

The platform's intelligent features enable teams to collaborate effectively, optimize contract performance, and drive positive outcomes for your organization. It enables your organizations to continuously improve their contract management practices, ensuring they are always one step ahead.

Pros

• The tool offers a user-friendly interface, allowing your team to quickly grasp its functionalities and seamlessly integrate it into your workflow. With its intuitive design, your team can easily learn and navigate the tool, enabling them to automate processes and streamline their contract-related work efficiently.

• It enables your team to set up dashboards and reports, allowing for a quick and clear display of detailed information at a glance. This feature lets you easily access and analyze the relevant data, gaining valuable insights and making informed decisions.

Cons

• If you are considering migrating from one tool to another, then this tool may not be the most suitable option as its extensive functionalities may demand your team’s additional time and effort to become familiar with.

Customer Rating

• G2: 4.5/5

8. Trackado

Trackado revolutionizes contract management by centralizing all your contracts in one location, offering convenient access from anywhere. It helps you efficiently manage contracts, stay on top of important dates, and make contract-related tasks effortless through timely alerts.

It streamlines contract processes with its workflow management, ensuring seamless execution at every stage. You can simplify contract creation using its built-in templates, while activity logs provide a detailed history of contract activities, promoting transparency and accountability.

It gives you enhanced contract visibility, allowing you to effortlessly view, organize, and locate contracts using various filters. Moreover, the reporting module empowers you to generate comprehensive financial reports, providing insights into cost distribution and revenue allocation and enabling informed decision-making.

Pros

• This is the ideal tool if you require a contract management solution that provides real-time reporting and analytics. It enables your team to effectively manage contracts while gaining valuable insights through real-time reporting and analytics

• Its intuitive design and user-friendly interface make it easy for your team to learn and efficiently utilize the tool in no time.

Cons

• Uploading contracts to the platform can be a time-consuming and labor-intensive process, demanding significant effort from your team.

Customer Rating

• G2: 4/5

• Capterra: 4.5/5

9. Conga CLM

Conga CLM presents a comprehensive contract lifecycle management (CLM) solution specifically designed for your IT teams. It automates intricate tasks involved in contract management across different departments and geographical locations. By prioritizing contract visibility and compliance enforcement, Conga Contracts effectively mitigates risks associated with contract management.

Conga CLM empowers your IT teams to navigate the complexities of contract management by automating every phase of the contract lifecycle. This ensures that accurate and up-to-date information is readily available at all times. By leveraging Conga CLM, you can effortlessly assign ownership of contract processes to the relevant IT teams, fostering streamlined collaboration and accountability.

Hence, it empowers your IT team to automate, optimize, and streamline contract management operations, resulting in risk reduction and overall organizational success.

Pros

• The tool enables your team and other stakeholders to submit contract requests conveniently and sends email notifications to inform all relevant contract participants about the request’s progress.

• If you have budget constraints, this solution is a cost-effective option for you. The pricing plans are designed to be affordable while still providing access to integrations and other valuable features.

Cons

• If you are considering transitioning from one tool to another, this particular option may not be the most suitable choice. Its configuration process is complex, demanding additional time and effort to set up effectively.

Customer Rating

• G2: 4.2/5

• Capterra: 4.3/5

10. Cobblestone Contract Insight

CobbleStone is a contract management software tool that serves many top-tier organizations. Powered by its advanced AI capabilities, "Contract Insight," CobbleStone automates and streamlines the contract lifecycle, offering a simplified and efficient management process.

With its intuitive user interface and comprehensive management features, CobbleStone empowers your IT teams to handle contracts easily, eliminating manual management challenges. Leveraging AI-powered automation, the tool helps your team save precious time and resources by effectively monitoring and executing contracts.

The software's automated processes enable seamless collaboration, effective risk management, and increased compliance, ensuring your contracts are managed with precision and accuracy.

Pros

• The software automatically sends you timely reminders, ensuring you never miss any renewals or upcoming contract expirations. Hence, it helps you stay proactive in renewing agreements and avoid potential disruptions or penalties due to expired contracts.

Cons

• Its advanced features and functionalities may present a steep learning curve for your teams who are unfamiliar with the system. It may require additional time and effort for them to become proficient in using these advanced capabilities.

• If your team needs to create a custom report, this tool may not be the best option. Its custom reporting feature is a bit difficult to generate reports on a regular basis. To generate the needed customized reports, they may require a deeper understanding of the tool's reporting functionality.

Customer Rating

• G2: 4.7/5

• Capterra: 4.8/5

Choose Zluri: Advantages Over Other Icertis Alternatives

Zluri stands out as an excellent choice for contract management, offering distinct advantages over Icertis. Here's why Zluri might be the ideal solution for your needs:

• Effortless Contract Management: Zluri enables effortless contract management across multiple SaaS applications by centralizing them into a single platform. Its intuitive filters enable teams to save time and effortlessly access contract details.

• Renewal Calendar and Alerts: Zluri's Renewal Calendar ensures timely awareness of renewals, preventing missed deadlines and unplanned auto-renewals. Users receive proactive payment reminders for effective renewal management.

• Intelligent Integration Capabilities: Zluri offers intelligent and seamless integrations that improve overall contract management, facilitating seamless data flow across platforms for a more interconnected workflow.

• Auto-Fetch Contract Details: Upon successful integration, Zluri automatically fetches contract details, boosting efficiency and minimizing errors linked to manual data entry.

  

  

Choosing Zluri over Icertis signifies a strategic move for organizations seeking streamlined and proactive contract management. Its innovative features simplify contract management across various SaaS applications, ensuring confident navigation through complex contract renewals. 

FAQs

Why consider Icertis alternatives for contract management in 2024?

Exploring alternatives allows organizations to evaluate a diverse range of contract management solutions meticulously. This ensures a tailored selection that aligns precisely with specific needs incorporates desired features and accommodates budget constraints effectively.

What criteria should I consider when choosing an Icertis alternative?

When evaluating Icertis competitors, consider crucial factors like user-friendliness, scalability, integration capabilities, pricing, and specific features aligned with your organization's unique contract management needs. A comprehensive assessment of these criteria will guide you to the most suitable solution.

Are these Icertis alternatives suitable for businesses of all sizes?

Absolutely. The showcased Icertis alternatives are versatile, catering to a spectrum of business sizes. Whether you operate a small business or a large enterprise, these options can be tailored to effectively meet your distinct contract management requirements.

Can I integrate these alternatives with other business tools and systems?

Absolutely. Designed with seamless integration in mind, most alternatives effortlessly integrate with various business collaboration tools and systems. This enhances overall workflow efficiency, and the blog provides detailed insights into the capabilities of each solution to facilitate your decision-making process.

Can I get a trial or demo of these alternatives before making a decision?

Certainly, most Icertis alternatives offer trials or demos to ensure you make the right choice. This allows you to experience the functionalities of each solution firsthand, helping you assess their suitability for your organization's unique contract management requirements before committing.

About the author

Rohit Rao

Rohit works in the Community and Marketing Team of Zluri and is a strong advocate of community led growth.